Health insurer Cigna has reported $1.3 billion in profit for the first quarter of this year, and has pledged more transparency around its pharmacy benefit manager business, which plays heavily into the company’s Evernorth subsidiary.
Cigna Chairman and CEO David Cordani said during a recent earnings call that the company plans to provide greater affordability, choice and transparency for clients and customers of Express Risk, its PBM business within Evernorth.
